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He added that it took eight hours for the Israeli military to arrive to his kibbutz and start fending off the Hamas fighters. The last time he heard from his mother-in-law was at 10:30 a.m., he said, when she called him, panicked and distraught, to say that Hamas militants had shot and killed her husband. A fortified border fence, equipped with sophisticated sensors, proved no match for the heavy explosives unleashed by Hamas militants as they burst into Israel. Other footage captured moments of terror and desperation: Hamas fighters paraded a disoriented-looking elderly woman in a golf cart down a dusty Gaza street while Palestinian crowds cheered. Witnesses told Israeli media that Hamas militants sprayed bullets into the crowd of revelers, who just moments earlier had been drinking, laughing and dancing.
Persons: , Jehan Berman, ” Berman —, , Adele Raemer, Nir Am, Janet Cwaigenbaum, Nir Yitzhak, “ I’ve, Moshe, Berman, Organizations: JERUSALEM, Hamas, Gaza, Israel's, Palestinian Locations: Gaza, Israel, Avshalom, Israeli, Kfar Azza, Palestine
[1/2] Workers lift up a turned-over food cart after Typhoon Koinu passed the southern tip of Taiwan, in Kenting, Taiwan October 5, 2023. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing RightsBEIJING, Oct 6 (Reuters) - Heavy rainstorms and strong winds will hit southern China in the next three days as Typhoon Koinu approaches the coast of Guangdong province after killing one and injuring hundreds in Taiwan. Typhoon Koinu, which means "puppy" in Japanese, will bring heavy rain along the coasts of Guangdong and neighbouring Fujian province in the next three days, China's National Meteorological Centre (NMC) said. It also issued a yellow alert for strong winds, the third highest in a four-coloured warning system. The typhoon is expected to weaken into a strong tropical storm from late Friday and grow weaker as it heads west along China's southern coast, it said.
Persons: Koinu, Carlos Garcia Rawlins, Typhoon Koinu, Albee Zhang, Ben Blanchard, Michael Perry 私 Organizations: Workers, REUTERS, Rights, National Meteorological Centre, NMC Locations: Taiwan, Kenting, Rights BEIJING, China, Guangdong, Fujian, Shanwei, Beijing, Taipei
Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product. The company also invests in tools to help sellers offer “competitive prices,” he said. Scott Needham, who sells on Amazon and runs a product-finder tool for other Amazon sellers, said he was “surprised by some of the points that the FTC selected.”watch now“I have over the years been very critical of Amazon,” Needham told CNBC. Competitors like Shopify and Walmart are increasingly viable alternatives for many categories of sellers, Needham said, not to mention rapidly growing Chinese e=commerce companies like Temu. Among those is a greater ability for Amazon sellers to communicate with buyers, offering select customers certain promotions.
Persons: Watchara, Fred Ruckel, Ruckel, Chewy, Fred Ruckel's, that’s, David Zapolsky, , ” Zapolsky, , ” “, I'm, commenter, Scott Needham, ” Needham, “ I’ve, Needham, I’m, ” Scott Moller, Moller, ” Moller, ecommerce, he’s, Molson Hart, Hart Organizations: MediaNews, Riverside Press, Enterprise, Getty, Amazon, CNBC, Federal Trade Commission, FTC, Walmart Locations: Eastvale , California, Amazon’s
Here's a look at some of biggest sales events happening now. This year, other big-name retailers are getting a head start by launching their own holiday sales earlier than ever, according to Katie Roberts, consumer analyst with DealNews.com . You can set up deal alert notifications on Amazon or through your Alexa device so you'll know when the price changes. Prime members can also sign up for invite-only deals on the items that typically sell out fast. But first, you must be an Amazon Prime member.
Persons: Katie Roberts, Andrea Woroch, fryer, Dyson, Barbie Organizations: DealNews.com, Black, Amazon, Sony, Bose, Philips, Finance, July's, Hasbro Locations: iRobot
The Carry-On Bag That Saved My Trip and My Spine
  + stars: | 2023-10-05 | by ( Dan Bova | ) www.wsj.com   time to read: +4 min
This cycle of luggage neglect ended when I received the Patagonia Black Hole Duffel Bag in the 40-liter size for Christmas. On a recent family vacation, the duffel bag saved my trip and my spine. Long story not that short, I was a sweaty mess, but we made the flight, in large part thanks to the Black Hole Duffel. It lives up to its Black Hole name: This thing swallows everything I cram inside it. (Unlike most unstructured duffel bags that necessitate dumping the entire thing to find that last pair of clean socks.)
Persons: Dan Bova I’ve, I, clacked, , , , I’ve, Alex Honnold Organizations: LAX, JFK, El Capitan Locations: Patagonia, California
A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Birkenstock is the latest high-profile listing to put investor focus on the initial public offering (IPO) market, which is gradually reopening after two relatively quiet years and a burst of activity in September. Due to recent price hikes, worldwide footwear sales are expected to rise just 2.9% over 2022, according to market research firm Euromonitor International. AllBirds (BIRD.O), Dr Martens (DOCS.L), and On Running (ONON.N) have all seen their market value fall since their IPOs in 2021. "When you look at the trend of other shoe companies that have IPO-ed, it doesn't give a great outlook for Birkenstock," Valechha said.
Persons: Fabrizio Bensch, Birkenstock, Kellogg, Mamta, Cheviot, Valechha, Johann Adam Birkenstock, Barbie, Margot Robbie, Jessica Ramirez, Jane Hali, Siobhan Gehin, Roland Berger, Thomas Hayes, sneaker, Dr Martens, Allbirds, Alexandre Arnault, LVMH, Bernard Arnault, Matt Oguz, Iris, L, Ananya Mariam Rajesh, Helen Reid, Emma, Victoria Farr, Echo Wang, Abigail Summerville, Deepa Babington Organizations: REUTERS, LVMH, New York Stock Exchange, Euromonitor, Associates, Dick's Sporting, Reuters, Partners, Norges Bank Investment Management, Thomson Locations: Berlin, Germany, New York, London, Neustadt, United States, U.S, Cannes, Silicon Valley
A person pushes a shopping cart through the produce section of a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Oct 5 (Reuters) - The Canadian government, under political pressure to tackle high inflation, said on Thursday the country's five major grocery chains had made an initial commitment to help stabilise food prices. Innovation Minister Francois-Philippe Champagne said Canadians would soon see discounts on a number of food products, as well as price freezes and price-matching campaigns. This is Day One of a fight that we are fighting on behalf of Canadians," Champagne told reporters when asked whether tax increases were still possible. Champagne also said Ottawa would establish a special grocery task force to monitor whether the chains were living up to their commitments to keep food prices under control.
Persons: Carlos Osorio, Francois, Philippe Champagne, Justin Trudeau, Champagne, David Ljunggren, Jane Merriman Organizations: REUTERS, Rights OTTAWA, Canadian, Innovation, Walmart, Costco, Thomson Locations: Toronto , Ontario, Canada, Ottawa
Kevin McCarthy once kicked Matt Gaetz out of his cabin at Camp David, Cassidy Hutchinson said. Hutchinson said McCarthy told Gaetz to "get lost" when he showed up uninvited to a gathering. AdvertisementAdvertisementRep. Kevin McCarthy once kicked Rep. Matt Gaetz out of a gathering at his Camp David cabin, Cassidy Hutchinson said on a Wednesday night appearance on "Jimmy Kimmel Live." Matt Gaetz was not included," Hutchinson told Kimmel, adding that she was one of the last to arrive at the soirée. "And then, Matt Gaetz got him kicked out of the House," Kimmel joked, referring to McCarthy being ousted from his role as Speaker of the House.
Persons: Kevin McCarthy, Matt Gaetz, Camp David, Cassidy Hutchinson, Hutchinson, McCarthy, Gaetz, , David, Jimmy Kimmel, Donald Trump's, Quentin Tarantino's, Kevin, Kimmel, Matt, they're Organizations: Service Locations: Camp, Hutchinson
Bank of America initiates Wingstop as buy Bank of America said shares of the wing restaurant company are attractive. " Bank of America downgrades Carrier to underperform from neutral Bank of America said it sees residential headwinds. "We are initiating on the Alternative Asset Management sector with a Market Overweight rating. Deutsche Bank initiates AIG as buy Deutsche Bank initiated the insurance company with a buy and says shares are de-risked. Bank of America reiterates American Express as a top pick Bank of America said the credit card company is its favorite idea in the sector. "
Persons: Stifel, Wedbush, Morgan Stanley, Ford, CARR, Parker, ITW, Raymond James downgrades Clorox, Raymond James, CLX, Johnson, Wolfe, Bernstein, Chubb Organizations: BMO, Sinclair, Oculis, Citizens, CIT Group, Bank, JPMorgan, Barclays, Meta, Bank of America, Ford, General Motors, GM, UAW, of America, Nvidia, ISI, RBC, Johnson, Pharma, KKR, Alternative, Management, Asset Management, CART, Deutsche Bank, AIG, Citi, O'Reilly Automotive, O'Reilly, American Express Locations: CY24, U.S
While not a typical outlet for the sale of precious metals, the members-only warehouse chain has seen its 1-ounce gold bars sell out faster than discounted 170-ounce jugs of laundry detergent. Unlike some other discount finds at the retail giant, gold bars come with hefty price tag. Political Cartoons View All 1199 ImagesCostco did not specify how many gold bars have been sold recently, or how often it restocks them. Chances are, interest around Costco's gold bars isn't going away anytime soon. For other precious metals, silver for December delivery fell 23 cents to $21.15 an ounce and December copper fell 3 cents to $3.59 a pound.
Persons: Richard Galanti, , there's, Jonathan Rose, , David Wagner III, Rose, Wagner Organizations: Costco, Associated Press, Genesis Gold, U.S ., Aptus Capital Advisors, Commodity Futures Trade Commission, Gold Locations: Issaquah , Washington
By investing in a full suite of integrated payment solutions, businesses can become more agile and improve the buying experience for customers. Through effective targeting, businesses can help customers discover their product or service by showing up where they already are, like on social media platforms. Quick Tip: Watch the video below to see how an integrated payments platform can help you strengthen your payments ecosystem and drive revenue. Consumers crave transparency, so ensure a frictionless customer experience at checkout by offering all purchase costs up front. 1Forrester Consulting survey commissioned by PayPal, PayPal Evolution of commerce insights 2023. n=5,036, 5 markets: the US, UK, Australia, Germany and France.
Persons: it's, Organizations: Forrester Consulting, PayPal, Insider Studios, 1Forrester Consulting Locations: UK, Australia, Germany, France
The US is still the biggest single IPO market. It is now the world’s fourth-biggest IPO market when measured by the value of deals, totaling $3.2 billion so far this year, according to data provider Dealogic. Further south, the year-to-date value of IPO deals on Turkey’s Borsa Istanbul has hit $2.3 billion, more than double the value of deals on the London Stock Exchange. Not a ‘pretty picture’The United Kingdom’s IPO market is in more profound trouble, and the loss of the Arm IPO to New York stung. Kerr attributes the decline in the UK’s IPO scene partly to Brexit but also to the growing strength of stock exchanges in emerging markets.
Persons: EY, ” George Chan, Chan, you’ve, they’re, , Hidroelectrica, Michael M, Kevin Gordon, Charles Schwab, ” Gordon, Germany’s, Samuel Kerr, Kerr Organizations: London CNN, Nasdaq, CNN, Center, United Arab, Bucharest Stock Exchange, Turkey’s Borsa, London Stock Exchange, Tech, IPOs, New York Stock Exchange, Getty, Federal Reserve, United, Wall, “ Companies Locations: Turkey, Romania, Indonesia, Malaysia, India, Hong Kong, United States, United Arab Emirates, China, Jakarta, Frankfurt, Paris, Romanian, Turkey’s Borsa Istanbul, Europe, New York, London
German shoemaker Birkenstock could be valued at up to $10 billion when it lists its shares on the stock market for the first time. The family-owned firm traces its origins back to 1774, when church archives mention Johannes Birkenstock, who worked as a cobbler in Langen-Bergheim, Germany. In the nine months to the end of June this year, revenues grew 21% compared with the same period in 2022 to reach €1.12 billion ($1.17 billion). (CNN and “Barbie” distributor Warner Bros. Pictures have the same parent company, Warner Bros. UK-based chip designer Arm (ARM) was lured to US shores last month, listing on the Nasdaq, and currently has a market capitalization of $54 billion.
Persons: London CNN —, Birkenstock, Johannes Birkenstock, Bocsi, Krisztian Bocsi, Dior —, Brothers Christian, Alex Birkenstock, Barbie, “ Barbie, , ” Susannah Streeter, Hargreaves Lansdown Organizations: London CNN, New York Stock Exchange, Bloomberg, Getty, Tiffany, Brothers, CNN, Warner Bros . Pictures, Warner Bros ., Nasdaq, Hargreaves Locations: Langen, Bergheim, Germany, Berlin, Birkenstock, , Europe, United States
“It was a really, really difficult decision,” Burchell told CNN. Rebecca BurchellBurchell’s focus had settled on Seven Mile Drive, a neighborhood that occupies the second-highest price bracket at Sawgrass Players Club. Michael Cohen / Getty ImagesThe view remains the star attraction of life in Sawgrass Players Club for Burchell, but it is far from the only draw. The clubhouse, pictured during the 2011 Players Championship, is the focal point of the community. Fans flock to the iconic 17th island green at TPC Sawgrass to watch Tiger Woods at the 2018 Players Championship.
Persons: Rebecca Burchell, Emma, Liam, Burchell, , Rebecca’s, Mark, ” Burchell, , viewings, Rebecca Burchell Burchell’s, Pete Dye, Bobby Weed, Jerry Pate, that’s, , I’ve, Michael Cohen, Scott Halleran, , gridlock, Woods, Richard Heathcote, “ It’s Organizations: CNN, PGA Tour, Sawgrass Players, Burchell, TPC, Yards, Getty, University of Florida Locations: Beaconsfield, England, Ponte Vedra, Jacksonville , Florida, Jacksonville, Florida, Dye’s, Dye's
The husband-and-wife duo started with an ice cream push cart before opening their first Ample Hills shop in Brooklyn, New York, in 2011. At its height, Ample Hills was valued at $40 million, with 13 scoop shops and an online store that shipped ice cream nationwide. But a year later, they opened a new Brooklyn ice cream shop called The Social. Here's how Smith and Cuscuna built a $40 million ice cream company, slowly lost it all and quickly started rebuilding again. 'The real impetus was just that joy'Opening an ice cream shop was risky.
Persons: Brian Smith, Jackie Cuscuna, Smith, Cuscuna, Zachary Green, Brian, Steven Spielberg, Oprah Winfrey, Bob Iger, , They've, Lisa Teach Organizations: Schmitt Industries, CNBC, Syfy, Disney, Walt Disney Locations: Brooklyn , New York, Brooklyn, Orlando , Florida, New York, California, Florida
"We're definitely seeing a bit of a soft open in the IPO market", said Lizzie Reed, global head of the ECM syndicate desk at Goldman Sachs. Arm and Instacart shares briefly fell below their issue price, suggesting there is still some way before the IPO market fully recovers. Medical glass producer Schott Pharma (1SXP.F) debuted on the Frankfurt Stock Exchange on Thursday, with shares closing 16% above the IPO price. Klaviyo's shares are now trading at a 21% premium to their IPO price. "For the IPO market to open more broadly in the first quarter in 2024 ... we need the 2023 IPO cohort to continue to perform well," said Josh Weismer, head of U.S. ECM, Mizuho Americas.
Persons: Lizzie Reed, Goldman Sachs, IPOs, Robert Stowe ,, Suneel Hargunani, Schott, ThyssenKrupp, Hidrolectrica, Ross Devor, , Samir A, Gandhi, Stephane Gruffat, SoftBank, Josh Weismer, Echo Wang, Pablo Mayo, Anousha Sakoui, David Holmes Organizations: Bankers, ECM, Arm Holdings, Barclays, Citigroup, Schott Pharma, Frankfurt Stock Exchange, Thoma Bravo, Deutsche Bank, Nvidia, Apple, Qatar Investment Authority, U.S, Mizuho, Pablo Mayo Cerqueiro, Thomson Locations: United States, Europe, British, New York, U.S, IPOs, East, Africa, Romanian, Qatar, Mizuho Americas, London
From arts and entertainment to health and wellness, businesses across industries are tapping into financial technology to drive growth. Below are three tips to help enterprises stay informed on the latest financial technology trends, while delivering value to their customers and employees. Choosing a single payment platform is a good starting point for increasing agility, but the type of platform you choose matters. Taking the next stepFor businesses looking to scale amid a changing economic landscape, a single financial technology platform isn't just a choice; it's a necessity. Learn more about how Adyen's single payment platform can help your enterprise meet the evolving needs of customers and businesses.
Persons: , Pepe Jeans, Vázquez Cabezas Organizations: Enterprise, Terme, Federal Reserve Bank of San, Connect, Marketing, Insider Studios Locations: Federal Reserve Bank of San Francisco, Adyen
Instacart shares fall further below IPO price
  + stars: | 2023-09-27 | by ( Noel Randewich | ) www.reuters.com   time to read: +2 min
Shares of Instacart, formally called Maplebear, last traded at $28.71 compared to the $30 price set in its IPO on Sept. 18. SoftBank-backed chip designer Arm Holdings fell 2.5% to $52.19, just above the $51 price in its IPO two weeks ago. After closing with a gain of 12% in its first session, Instacart has steadily lost ground. Arm's shares have also mostly declined after surging in their Wall Street debut, touching intra-day lows below $51 in three of the past five sessions. The marketing automation firm's stock remains above its $30 IPO price, but well below its intraday high of $37 in its first day of trading.
Persons: Eric Cohn, Cheney Orr, Instacart, Noel Randewich, Emelia Sithole Organizations: Safeway, REUTERS, Vanda Research, Arm Holdings, Thomson Locations: Tucson , Arizona, U.S, Klaviyo
There’s mischief in every Dahl story, and the voice of the writer is very strong. When I made “Fantastic Mr. Fox” and I was working on the script, we stayed at the house for some time. In those days, that writing hut was still filled with his things and left the way he had it. I remember there’s a portrait of Lucian Freud by Francis Bacon next to a portrait of Francis Bacon by Lucian Freud. It sounds like the kind of set I might expect to see in a Wes Anderson film, filled with these totems and details.
Persons: he’s, Ophelia, Lucy, Theo, Henry Sugar, Ralph Fiennes, Fox ”, Dahl, He’d, Lucian Freud, Francis Bacon, Wes Anderson
In volatile trading, the U.S.-listed shares of several cannabis firms rose immediately after the Senate vote. Investors expected it to exit the banking committee. An earlier version of the bill, the SAFE Banking Act, had failed to secure a Senate vote despite being passed seven times by the U.S House of Representatives. As a result, legal cannabis companies are denied access to financial services. To get it through the Senate banking committee is a major achievement," Boris Jordan, billionaire founder of Curaleaf Holdings, said in an interview.
Persons: Chris Wattie, Jesse Redmond, Redmond, We've, it's, Boris Jordan, Jordan, Chibuike Oguh, Suzanne McGee, Michelle Price, Lance Tupper, Bill Berkrot Organizations: Canopy Growth Corporation, REUTERS, U.S, U.S . Senate, Aurora, Cronos, SNDL Inc, Curaleaf Holdings, Tilray, Cannabis ETF, Cannabis, Tower Research, Investors, SAFE, Thomson Locations: Smiths Falls , Ontario, Canada, U.S, New York, Bengaluru
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. Commercial real estate landscape Higher interest rates, tightening credit conditions and elevated office vacancies are weighing down the estimated $21 trillion commercial real estate sector . A lagging commercial real estate market can strain a bank's capital reserves while a stronger market can boost incomes from lending and fees. While there's reason for concern in the broader commercial real estate market, we see the most pronounced challenges unfolding in offices. CEO Charlie Scharf said the bank sustained "higher losses in commercial real estate, primarily in the office portfolio."
Persons: Banks, Wells, Morgan Stanley, Morgan Stanley's dealmaking, Tomasz Piskorski, Piskorski, Jim Cramer, Morgan, deteriorations, Tailwinds, JPMorgan Chase, Wells Fargo, Michael Santomassimo, Charlie Scharf, Jeff Marks, Wells Fargo execs, Santomassimo, Jim Cramer's, Jim, Collin Madden, Karen Ducey Organizations: Columbia Business School, Federal Reserve, CNBC, That's, Semiconductor, Arm Holdings, Rivian, IB, Barclays, JPMorgan, GEM, Estate Partners, South Lake Union Locations: Wells, CRE, U.S, Wells Fargo, South Lake, Seattle , Washington
Marketplace Pulse reported in February that Amazon sellers are paying as much as 50% of their revenue to Amazon in fees, a point that is echoed in the FTC's suit. "Amazon also recognizes that sellers believe 'that it has become more difficult over time to be profitable on Amazon,'" the FTC filing reads. According to the filing, Amazon's ads reach 96% of Americans between the ages of 25 and 54 each month. "According to an internal Amazon study, Amazon's sellers live 'in constant fear' of Amazon arbitrarily interfering with their ability to sell on Amazon, which 'put[s] their businesses and livelihoods at risk,'" the complaint reads. "When Amazon detects elsewhere online a product that is cheaper than a seller's offer for the same product on Amazon, Amazon punishes that seller," it reads.
Persons: David Zapolsky, Zapolsky, Nessie, Douglas Farrar Organizations: Federal Trade Commission, FTC, Marketplace, Amazon, Amazon Prime
Instacart shoppers often end up with free groceries when they can't deliver an order. But for some shoppers, those kinds of last-minute obstacles are a perk: Instacart often lets shoppers keep all or some of the groceries for free. "We got all these groceries for free because we couldn't locate the right address," the poster says in the video. Instacart issues shoppers a debit card to pay for items. That means Instacart carries the cost of canceled or undeliverable orders.
Persons: , Instacart, iamlo.uie, didn't, It's Organizations: Service, Costco Locations: California
"I think there is evidence out there that for the right transaction for the right reasons, investors will show up," said François Carrier, co-head of Desjardins Capital Markets. But not many dealmakers are expecting a rush of supply with an uncertain macroeconomic environment still keeping secondary equity markets volatile. The shares dropped well below their first-day high, potentially limiting a comeback in Canadian equity capital raisings and IPOs. "We do not have enough data to declare the IPO market open. Our own view is that we are still 12 to 18 months away from a robust IPO market," he added.
Persons: Dado Ruvic, Carrier, We're, we're, Enbridge's, Jeff Hershenfield, Stikeman Elliott, Stephen Pincus, Goodmans, John McKenzie, Neil Selfe, Maiya, Bernadette Baum Organizations: REUTERS, Rights, Dominion Energy, Desjardins Capital Markets, Arm Holdings, Capital Markets, TMX, Thomson Locations: IPOs, Canada, Unite States, Toronto, Klaviyo, raisings
HONG KONG, Sept 26 (Reuters Breakingviews) - Global banks in Hong Kong are feeding on scraps. Bankers in Hong Kong are working on smaller issuances than they typically took on in the past, Dealogic data shows. Among the bigger ones in the works, courier SF Holding (002352.SZ) has filed for a secondary listing in Hong Kong and may raise up to $3 billion, per IFR. Fees on Indian deals are tiny, for example, and costs in Hong Kong are high. Overall investment banking fees in Hong Kong are set to come in at the lowest level in a decade too, Dealogic data shows, with HBSC top of the table.
Persons: Morgan Stanley, Debtwire, Una Galani, Pranav Kiran Organizations: Reuters, UBS, Bank of America, Bankers, HK, SF, Thomson Locations: HONG KONG, Hong Kong, New York, Swiss, United States, China, brimming, Shenzhen, Asia, India, U.S, Asia Pacific, Japan
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